Trendline

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Category: MESA91
 

Input parameters

Name

Setting

Default

Optimization range

Price

Input time series

Close

 

Mult

Number > 0

2

1 - 2

LP (Lowest Period)

Integer

12

8 - 60 

HP (Highest Period)

Integer

24

8 - 60

 

Description

MESA91_TrendLine is an adaptive 2 Pole Super Smoother Filter that is tuned to a multiple of the MESA-measured Dominant Cycle, assuring that all cyclic components shorter than the Dominant Cycle will be attenuated.  This results in an indication of the trend.  The degree of lag produced by the MESA91_TrendLine Indicator is controlled by the Mult input parameter.  Mult is the multiple of the Dominant Cycle to which the filter is tuned.

Smooth Trendline

Related Indicator: Smooth